NOT LISTED FOR SALE

5002 Charles Ave Chattanooga, TN 37415

Estimated Value: $209,672 - $283,000

-- Bed
2 Baths
1,771 Sq Ft
$138/Sq Ft Est. Value

Last Sold February 14, 2012

Last sale price $80,000 $45 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $1,466/month

192 Days on Market

Highlights

  • No HOA
  • Brick Exterior Construction
  • Storage
  • Eat-In Kitchen
  • Living Room
  • Central Heating and Cooling System

About This Home

As of February 2012

All brick - excellent condition - full basement. Side 1 (5002) washer/dryer connections, lots of storage, utility garage door. Side 2 (5004) full basement has den that can be connected to main HVAC duct. Area with shelving provides workshop space, washer/dryer connections. Garage will accomodate 2 cars. Both units have almost new appliances. Fresh paint and repairs outside in 2011. Fresh landscaping adds beauty and curb appeal. Agent is related to seller.

Last Agent to Sell the Property

Ann Hale

Hale Realty Listed on: 07/11/2011

Last Buyer's Agent

Ann Hale

Hale Realty Listed on: 07/11/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $933

Year Built

  • Built in 1959

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,771 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Stove

Parking

  • Garage
  • Basement Garage

Schools

  • Alpine Crest Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 099N A 014

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Red Bank Highlands Subdivision

Building Details

  • Gross Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$933

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 0
  • Subdivision Name: North Red Bank Highlands
  • Directions: Dayton Boulevard to right on Ridgeway. Left on Charles Avenue. Duplex on right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1771.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1959
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 099N A 014
  • Location Tax and Legal Elementary School: Alpine Crest Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 933.0
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Dimensions: 0
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • General Property Information Stories2: 1
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Living Room3: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Storage
  • Basement:Unfinished: Yes
  • Full Basement: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Basement
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • Parking Features:Basement: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Alpine Crest Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Parcel #: 099N A 014

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 10800.0

Tax Info

  • Tax Annual Amount: 933.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2011
Closed on
Feb 14, 2012
Sold by
Hall Machelle and Hall Tom
Bought by
Lemmon Bryon and Lemmon Barbara Jo
Seller's Agent
Ann Hale
Hale Realty
Buyer's Agent
Ann Hale
Hale Realty
List Price
$109,900
Sold Price
$80,000
Premium/Discount to List
-$29,900
-27.21%
Current Estimated Value
$256,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,940
Avg. Annual Appreciation
8.74%
Original Mortgage
$60,000
Outstanding Balance
$10,986
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$237,008
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lemmon Bryon $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemmon Bryon $60,000
Previous Owner Helton Machelle D $55,850
Previous Owner Helton Machelle $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2012 02/14/12 Sold $80,000 -27.2% $45 / Sq Ft
01/19/2012 01/19/12 Pending -- -- --
07/11/2011 07/11/11 For Sale $109,900 -- $62 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $705 $31,500 $0 $0
2023 $2,109 $50,400 $0 $0
2022 $1,731 $50,400 $0 $0
2021 $2,115 $50,400 $0 $0
2020 $1,822 $33,520 $0 $0
2019 $1,822 $33,520 $0 $0
2018 $1,822 $33,520 $0 $0
2017 $1,752 $33,520 $0 $0
2016 $1,746 $0 $0 $0
2015 $1,051 $20,000 $0 $0
2014 $1,051 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1165770

Greater Chattanooga REALTORS®

APN: 099N-A-014